BTC retest and continue drop down
BTC in weekly TF clearly made descending triangle (bearsih pattern), finaly break support and retest support become resistance (flip SR).
In 4 H and D1, clearly made bearsig flag pattern. try to retest
My POV, maybe false break in weekly TF (cancel triangle pattern) and if want take short position look at minor TF (entry after finish retest in 4 H)
Ps: BTC somehow can avoid pattern and make false break, if want take risk can take long with tight SL
In 4 H and D1, clearly made bearsig flag pattern. try to retest
My POV, maybe false break in weekly TF (cancel triangle pattern) and if want take short position look at minor TF (entry after finish retest in 4 H)
Ps: BTC somehow can avoid pattern and make false break, if want take risk can take long with tight SL
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.